Yorkshire and Clydesdale Bank Pension Signs $2 Billion PRT Deal
The pension fund’s longevity swap agreement covers £1.6 billion in liabilities.
Source: ai-cio.com
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The pension fund’s longevity swap agreement covers £1.6 billion in liabilities.
Yorkshire and Clydesdale bank Pension scheme enter into longevity hedge with Pacific Life Re vi Zurich Assurance
Global insurer Zurich and life, longevity and annuity focused reinsurance firm Pacific Life Re have delivered a £1.6 billion longevity swap arrangement
The Yorkshire and Clydesdale Bank (YCB) Pension Scheme has entered into a £1.6bn longevity hedge with Pacific Life Re via Zurich Assurance.